Wednesday, September 30, 2009

Vectrix officially files for bankruptcy, plans to stay in business

Filed under: EV/Plug-in, Legislation and Policy, On Two Wheels, Vectrix

Vectrix scooter - Click above for high-res image gallery
Vectrix has officially filed for Chapter 11 bankruptcy protection. Much like what recently took place with General Motors and Chrysler, the old company will be purchased by an entity called New Vectrix LLC in relatively short order unless another interested party comes along and presents a better offer to the bankruptcy judge. Production of theSource: AutoblogGreen RSS Feed

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